Monday 27 June 2016

NEITI, EFCC GO AFTER OIL FIRMS OVER UNREMITTED $11 BILLION

NEITI, EFCC go after oil firms over unremitted $11 billionThe Economic and Financial Crimes Commission (EFCC) will soon embark on probe of erring oil firms in Nigeria over unremitted oil revenue to the Federal Government.

To ensure that anyone found guilty of misappropriation of the country’s oil revenue is prosecuted, Nigeria Extractive Industries Transparency Initiative (NEITI) and the EFCC have formed alliance to study the reports and identify areas where financial crimes have been committed against the nation.

Read more @ The Guardian

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